Tag: cannabis
Cannabis banking act passes U.S. House with bipartisan support
The U.S. House of Representatives passed a landmark bill aimed at easing restrictions placed on the cannabis industry. The SAFE ACT (Secure and Fair Enforcement) banking act provides safe harbor for financial institutions to work with cannabis operators. If passed by the Senate and approved by President Biden, this bill…
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Leafly and Jane partner to build a better online cannabis shopping experience
Today, two giants of the cannabis industry are announcing a partnership to create an improved retail experience for consumers and dispensaries alike. Through this partnership, Leafly and Jane’s technology solutions will offer dispensaries powerful tools to sync online e-commerce with in-store inventory — something that is sorely lacking in the…
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Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more
Some time ago, I gave up on the idea of finding a thread that connects each story in the weekly Extra Crunch roundup; there are no unified theories of technology news. The stories that left the deepest impression were related to two news pegs that dominated the week — Visa…
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PAX skirts Apple’s vape app ban with a web version
Apple banned vaping apps from its App Stores following a string of additive-related deaths, but that isn’t deterring PAX. The company has launched a web app that lets you control PAX 3 and Era-series cannabis pens from your computer using Bluetooth…. Source
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Where these 6 top VCs are investing in cannabis
The cannabis market was in the midst of a correction when the COVID-19 crisis hit and could emerge stronger than ever. After a breakthrough period of growth, cannabis startups entered 2020 with depressed values and an uncertain future. Now, with millions sheltering in place, many companies are seeing unprecedented demand…
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As COVID-19 dries up funding, only drought-resistant cannabis startups will survive
The COVID-19 crisis is creating an untold amount of uncertainty through every business sector, but for cannabis startups, it’s exacerbating a critical market that was already in decline. TechCrunch spoke to Schwazze CEO Justin Dye following his company’s recent rebrand. He joined the company when it was Colorado’s Medicine Man…
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